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JLARC: Aluminum-industry tax preferences largely unused after smelter closures; recommends letting smelter-specific preferences expire
2112199 · January 14, 2025
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Summary
JLARC reported that Washington’s preferences for aluminum smelters are no longer used because smelters have closed; recommendations include allowing smelter-specific preferences to expire and terminating other preferences unlikely to be used again.
JLARC told the House Finance Committee that eight tax preferences intended to benefit the aluminum manufacturing industry are no longer being used because the state’s aluminum smelters have closed.
Pete Van Moorsil, JLARC staff, said…
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